Dow Jones Top Company Headlines at 5 PM ET: Target Shopper Boycott Over DEI Changes Is Winding Down | UiPath ...

Dow Jones
Mar 12

Target Shopper Boycott Over DEI Changes Is Winding Down

Activists who led the protest say the retailer has acknowledged a breakdown in trust with the Black community.

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UiPath Profit, Revenue Rise as AI Adoption Spreads

The automation and AI platform said AI adoption from enterprise customers is moving from experimentation to scaled deployment.

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Petco Says It Could Return to Sales Growth

The company expects sales in 2026 to be flat to up 1.5%, a turnaround from a 2.5% decrease in revenue last year.

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Nvidia to Invest $2 Billion in Nebius to Expand AI Cloud Infrastructure

Nvidia will invest $2 billion in Nebius Group as part of a strategic partnership to expand artificial-intelligence cloud infrastructure.

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Tilman Fertitta in Talks to Buy Caesars for $7 Billion After Topping Bid From Icahn

The billionaire's Fertitta Entertainment has been discussing paying around $34 a share.

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Campbell's Cuts Outlook as Snack Sales Fall

Campbell's cut its fiscal-year outlook as it reported a decline in second-quarter sales, dragged down by weak demand for its snacks.

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Toronto's MDA Space Eyes NYSE Listing as Defense Boom Fuels Demand

The Toronto-based firm launched a $300 million initial public offering in the U.S., seeking a listing on the New York Stock Exchange at a moment when defense budgets are rising globally and governments are racing to put more assets into orbit.

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Revolut Launches U.K. Bank After License Restrictions Lifted

The financial-technology company will be able to offer protected deposit accounts and roll out a range of new services now that the Bank of England has given it the green light to become a fully operational bank.

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CVS Health's Aetna to Pay $117.7 Million to Resolve False Claims Act Allegations

Aetna was accused of submitting false patient diagnosis data for its Medicare Advantage Plan enrollees in order to get higher monthly payments from the Centers for Medicare and Medicaid Services.

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Papa John's Draws Fresh Takeover Interest From Qatari-Backed Fund

Irth Capital has submitted a bid to take the pizza-chain private.

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WhatsApp Introduces Parent-Managed Accounts for Children

The company said that the accounts will provide new controls for preteens' messaging and calling, amid growing concern over what minors are able to see online.

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McDonald's Preps New Discounts to Feed Budget-Minded Diners for $3 or Less

The burger chain will introduce a lower-priced menu and new $4 breakfast meal deals, as it seeks to reclaim its value image.

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Cintas to Buy Uniform Supplier UniFirst in $5.5 Billion Deal

Cintas, a maker of workplace products, agreed to acquire UniFirst in a deal with an enterprise value of $5.5 billion, more than four years after it first bid for the smaller uniform supplier.

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Janus Henderson Rejects Victory Capital Takeover Proposal, Backs Trian Deal

Janus Henderson's board unanimously rejected an unsolicited takeover proposal from Victory Capital, reaffirming its support for a take-private transaction by Nelson Peltz's Trian Fund Management.

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Activist Starboard Pushes for Change at CarMax

Activist investor Starboard Value has urged CarMax's incoming chief executive officer, Keith Barr, to usher in changes and slash costs to revive the used-car retailer.

 

(END) Dow Jones Newswires

March 11, 2026 17:00 ET (21:00 GMT)

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